{
  "ticker": {
    "uuid": "f1e742a2-ff14-4932-b271-89c079689101",
    "symbol": "3029",
    "name": "Global X Hang Seng ESG ETF",
    "exchange": "HKG",
    "country": "HK",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^HSI",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 62.275,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "mixed",
    "architecture_direction": 24.46,
    "architecture_energy": 38.179,
    "architecture_maturity": 96.633,
    "architecture_confidence": 79.884,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 35.87,
        "rotation_up": 68.53,
        "upward_expansion": 31.77,
        "deceleration": 38.41,
        "rotation_down": 14.68,
        "downward_expansion": 30.1
      },
      "activity_lines": [
        5.025133,
        4.893255,
        4.895771,
        4.932043
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 5.115,
    "trend_reference": 5.012667,
    "distance_from_trend": 0.020415,
    "trend_direction": "Weakening",
    "fair_value": 4.189295,
    "distance_from_fair_value": 0.220969,
    "fair_value_direction": "Weakening",
    "relative_strength": 0.789251,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.027567,
    "excess_performance": 0.006015,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.020415,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.021562,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.220969,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.029333,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.007893,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.023273,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.027567,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.012708,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 0,
      "relative_activity": 0.0,
      "balance": 0.012708,
      "dry_up": 0.002494,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.026709,
      "annualized_volatility": 0.168351,
      "from_high_reference": -0.074208,
      "from_low_reference": 0.14532
    },
    "levels": {
      "trend_reference": 5.012667,
      "fair_value_reference": 4.189295,
      "structural_low": 4.466,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 12,
        "median_return": -0.001051,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.002176,
        "regime_survival": 0.916667,
        "best_return": 0.107742,
        "worst_return": -0.064067,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.059201,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.02829,
        "regime_survival": 0.75,
        "best_return": 0.059547,
        "worst_return": -0.118543,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.031391,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.041559,
        "regime_survival": 0.5,
        "best_return": 0.097087,
        "worst_return": -0.159869,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.078303,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.089441,
        "regime_survival": 0.0,
        "best_return": -0.078303,
        "worst_return": -0.078303,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-09-22",
        "end": "2024-04-26",
        "tenure": "Extended",
        "return": -0.115824,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-05-03",
        "end": "2024-06-14",
        "tenure": "Developing",
        "return": -0.036692,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-21",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": -0.051924,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-02",
        "end": "2024-08-30",
        "tenure": "Developing",
        "return": 0.066883,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-06",
        "end": "2024-09-20",
        "tenure": "New",
        "return": 0.054104,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-27",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.041221,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-22",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": 0.0863,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-14",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.074057,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-18",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.136386,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-10-31",
        "tenure": "Established",
        "return": 0.125813,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-07",
        "end": "2026-01-16",
        "tenure": "Developing",
        "return": 0.023011,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-23",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": -0.007519,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-06",
        "end": "2026-03-20",
        "tenure": "New",
        "return": -0.024506,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-27",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.06341,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 3.668,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 3.688,
        "volume": 14500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 3.786,
        "volume": 8400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 3.74,
        "volume": 2650,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 3.704,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 3.678,
        "volume": 10500,
        "typical_volume": 4770.0,
        "trend": 3.965467,
        "fair_value": 4.069175,
        "relative_strength": -1.282125,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.993498,
        "energy": 57.996861,
        "activity_lines": [
          3.7124,
          3.761564,
          3.828381,
          3.884284
        ]
      },
      {
        "date": "2023-09-29",
        "close": 3.616,
        "volume": 0,
        "typical_volume": 4767.5,
        "trend": 3.9424,
        "fair_value": 4.06358,
        "relative_strength": -1.583556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.605234,
        "energy": 57.628062,
        "activity_lines": [
          3.678,
          3.724,
          3.804314,
          3.861738
        ]
      },
      {
        "date": "2023-10-06",
        "close": 3.552,
        "volume": 200,
        "typical_volume": 4777.5,
        "trend": 3.9262,
        "fair_value": 4.057341,
        "relative_strength": -1.508802,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.775555,
        "energy": 70.050878,
        "activity_lines": [
          3.627067,
          3.68,
          3.775971,
          3.836551
        ]
      },
      {
        "date": "2023-10-13",
        "close": 3.648,
        "volume": 0,
        "typical_volume": 4712.5,
        "trend": 3.9128,
        "fair_value": 4.05241,
        "relative_strength": -0.694664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.303673,
        "energy": 60.370774,
        "activity_lines": [
          3.623733,
          3.663709,
          3.758629,
          3.818602
        ]
      },
      {
        "date": "2023-10-20",
        "close": 3.48,
        "volume": 0,
        "typical_volume": 4695.0,
        "trend": 3.889933,
        "fair_value": 4.045595,
        "relative_strength": -1.717165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.99036,
        "energy": 70.510724,
        "activity_lines": [
          3.570533,
          3.623818,
          3.726029,
          3.79068
        ]
      },
      {
        "date": "2023-10-27",
        "close": 3.512,
        "volume": 0,
        "typical_volume": 3695.0,
        "trend": 3.866467,
        "fair_value": 4.039318,
        "relative_strength": -2.120055,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.82803,
        "energy": 75.36416,
        "activity_lines": [
          3.542933,
          3.597636,
          3.698305,
          3.766297
        ]
      },
      {
        "date": "2023-11-03",
        "close": 3.606,
        "volume": 0,
        "typical_volume": 3677.5,
        "trend": 3.846733,
        "fair_value": 4.034279,
        "relative_strength": -1.039409,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.64774,
        "energy": 51.495836,
        "activity_lines": [
          3.557733,
          3.591382,
          3.681667,
          3.749492
        ]
      },
      {
        "date": "2023-11-10",
        "close": 3.532,
        "volume": 0,
        "typical_volume": 3677.5,
        "trend": 3.823,
        "fair_value": 4.028506,
        "relative_strength": -0.475231,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.462989,
        "energy": 51.300819,
        "activity_lines": [
          3.548533,
          3.573164,
          3.66039,
          3.729187
        ]
      },
      {
        "date": "2023-11-17",
        "close": 3.59,
        "volume": 0,
        "typical_volume": 2152.5,
        "trend": 3.804667,
        "fair_value": 4.023523,
        "relative_strength": -0.27596,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.426676,
        "energy": 43.043135,
        "activity_lines": [
          3.56,
          3.570109,
          3.646219,
          3.714155
        ]
      },
      {
        "date": "2023-11-24",
        "close": 3.596,
        "volume": 550,
        "typical_volume": 2180.0,
        "trend": 3.7878,
        "fair_value": 4.018719,
        "relative_strength": -0.69153,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.058122,
        "energy": 32.400029,
        "activity_lines": [
          3.577333,
          3.570873,
          3.633914,
          3.700692
        ]
      },
      {
        "date": "2023-12-01",
        "close": 3.434,
        "volume": 0,
        "typical_volume": 2180.0,
        "trend": 3.764667,
        "fair_value": 4.012222,
        "relative_strength": -1.029525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.829921,
        "energy": 48.17893,
        "activity_lines": [
          3.532933,
          3.544145,
          3.607019,
          3.677867
        ]
      },
      {
        "date": "2023-12-08",
        "close": 3.254,
        "volume": 287300,
        "typical_volume": 16545.0,
        "trend": 3.739867,
        "fair_value": 4.00389,
        "relative_strength": -3.283088,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.005422,
        "energy": 71.351217,
        "activity_lines": [
          3.433733,
          3.489127,
          3.565533,
          3.64492
        ]
      },
      {
        "date": "2023-12-15",
        "close": 3.36,
        "volume": 0,
        "typical_volume": 16260.0,
        "trend": 3.720467,
        "fair_value": 3.996891,
        "relative_strength": -2.772177,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.094096,
        "energy": 73.108099,
        "activity_lines": [
          3.393333,
          3.459964,
          3.537229,
          3.620413
        ]
      },
      {
        "date": "2023-12-22",
        "close": 3.242,
        "volume": 234250,
        "typical_volume": 27972.5,
        "trend": 3.701733,
        "fair_value": 3.988774,
        "relative_strength": -3.490491,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.739104,
        "energy": 86.061764,
        "activity_lines": [
          3.325067,
          3.412836,
          3.501286,
          3.589544
        ]
      },
      {
        "date": "2023-12-29",
        "close": 3.402,
        "volume": 20000,
        "typical_volume": 28917.5,
        "trend": 3.686333,
        "fair_value": 3.982532,
        "relative_strength": -2.831691,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.207896,
        "energy": 75.630527,
        "activity_lines": [
          3.333333,
          3.402182,
          3.484333,
          3.570206
        ]
      },
      {
        "date": "2024-01-05",
        "close": 3.272,
        "volume": 0,
        "typical_volume": 28917.5,
        "trend": 3.6634,
        "fair_value": 3.975053,
        "relative_strength": -3.536137,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.176289,
        "energy": 61.532749,
        "activity_lines": [
          3.3112,
          3.369309,
          3.457438,
          3.543475
        ]
      },
      {
        "date": "2024-01-12",
        "close": 3.214,
        "volume": 1250,
        "typical_volume": 28255.0,
        "trend": 3.633467,
        "fair_value": 3.967125,
        "relative_strength": -3.440625,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.482839,
        "energy": 66.222567,
        "activity_lines": [
          3.280533,
          3.330255,
          3.426905,
          3.514482
        ]
      },
      {
        "date": "2024-01-19",
        "close": 2.984,
        "volume": 200900,
        "typical_volume": 37880.0,
        "trend": 3.604133,
        "fair_value": 3.95699,
        "relative_strength": -4.73892,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.426388,
        "energy": 80.471965,
        "activity_lines": [
          3.175867,
          3.256509,
          3.376724,
          3.472581
        ]
      },
      {
        "date": "2024-01-26",
        "close": 3.092,
        "volume": 200500,
        "typical_volume": 47772.5,
        "trend": 3.578467,
        "fair_value": 3.948163,
        "relative_strength": -5.128504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.947704,
        "energy": 77.865656,
        "activity_lines": [
          3.132267,
          3.212364,
          3.340648,
          3.43954
        ]
      },
      {
        "date": "2024-02-02",
        "close": 2.964,
        "volume": 210100,
        "typical_volume": 58277.5,
        "trend": 3.551533,
        "fair_value": 3.938222,
        "relative_strength": -6.444992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.997682,
        "energy": 88.590828,
        "activity_lines": [
          3.056,
          3.154,
          3.295467,
          3.399897
        ]
      },
      {
        "date": "2024-02-09",
        "close": 3.016,
        "volume": 200100,
        "typical_volume": 67757.5,
        "trend": 3.519733,
        "fair_value": 3.929,
        "relative_strength": -5.925181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.310767,
        "energy": 83.770557,
        "activity_lines": [
          3.026267,
          3.116582,
          3.258762,
          3.365346
        ]
      },
      {
        "date": "2024-02-16",
        "close": 3.146,
        "volume": 2000,
        "typical_volume": 67857.5,
        "trend": 3.494533,
        "fair_value": 3.921248,
        "relative_strength": -5.281474,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.576185,
        "energy": 60.113158,
        "activity_lines": [
          3.056933,
          3.1104,
          3.23759,
          3.341234
        ]
      },
      {
        "date": "2024-02-23",
        "close": 3.19,
        "volume": 0,
        "typical_volume": 67847.5,
        "trend": 3.463667,
        "fair_value": 3.914078,
        "relative_strength": -6.008391,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.258201,
        "energy": 49.82924,
        "activity_lines": [
          3.1068,
          3.114182,
          3.222848,
          3.321587
        ]
      },
      {
        "date": "2024-03-01",
        "close": 3.166,
        "volume": 1050,
        "typical_volume": 67900.0,
        "trend": 3.434867,
        "fair_value": 3.906816,
        "relative_strength": -5.78224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.345521,
        "energy": 35.644169,
        "activity_lines": [
          3.134933,
          3.116691,
          3.207543,
          3.302383
        ]
      },
      {
        "date": "2024-03-08",
        "close": 3.088,
        "volume": 7100,
        "typical_volume": 68255.0,
        "trend": 3.407333,
        "fair_value": 3.898942,
        "relative_strength": -6.598071,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.474801,
        "energy": 31.892089,
        "activity_lines": [
          3.132133,
          3.1064,
          3.187105,
          3.280004
        ]
      },
      {
        "date": "2024-03-15",
        "close": 3.166,
        "volume": 0,
        "typical_volume": 68255.0,
        "trend": 3.3906,
        "fair_value": 3.891962,
        "relative_strength": -6.181537,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.604396,
        "energy": 26.49514,
        "activity_lines": [
          3.147067,
          3.116,
          3.175962,
          3.264434
        ]
      },
      {
        "date": "2024-03-22",
        "close": 3.09,
        "volume": 0,
        "typical_volume": 68255.0,
        "trend": 3.370667,
        "fair_value": 3.884396,
        "relative_strength": -7.010774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.877947,
        "energy": 32.302853,
        "activity_lines": [
          3.126667,
          3.113709,
          3.159229,
          3.245041
        ]
      },
      {
        "date": "2024-03-29",
        "close": 3.08,
        "volume": 0,
        "typical_volume": 68255.0,
        "trend": 3.347133,
        "fair_value": 3.876879,
        "relative_strength": -7.365738,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.874651,
        "energy": 40.216602,
        "activity_lines": [
          3.106667,
          3.111855,
          3.144,
          3.226288
        ]
      },
      {
        "date": "2024-04-05",
        "close": 3.1,
        "volume": 300,
        "typical_volume": 68270.0,
        "trend": 3.3258,
        "fair_value": 3.869685,
        "relative_strength": -7.594961,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.752927,
        "energy": 36.981906,
        "activity_lines": [
          3.100667,
          3.111891,
          3.132829,
          3.210344
        ]
      },
      {
        "date": "2024-04-12",
        "close": 3.074,
        "volume": 1000,
        "typical_volume": 68292.5,
        "trend": 3.3048,
        "fair_value": 3.862385,
        "relative_strength": -8.148079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.896938,
        "energy": 40.612205,
        "activity_lines": [
          3.0904,
          3.107055,
          3.121514,
          3.194099
        ]
      },
      {
        "date": "2024-04-19",
        "close": 2.962,
        "volume": 800,
        "typical_volume": 68332.5,
        "trend": 3.280933,
        "fair_value": 3.8542,
        "relative_strength": -8.572675,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.83141,
        "energy": 60.889821,
        "activity_lines": [
          3.043733,
          3.079855,
          3.102019,
          3.171983
        ]
      },
      {
        "date": "2024-04-26",
        "close": 3.252,
        "volume": 0,
        "typical_volume": 53967.5,
        "trend": 3.2688,
        "fair_value": 3.848775,
        "relative_strength": -7.541005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.582883,
        "energy": 19.901383,
        "activity_lines": [
          3.107333,
          3.106364,
          3.11239,
          3.170116
        ]
      },
      {
        "date": "2024-05-03",
        "close": 3.434,
        "volume": 1000,
        "typical_volume": 54017.5,
        "trend": 3.264867,
        "fair_value": 3.845071,
        "relative_strength": -6.544223,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 16.072268,
        "energy": 21.436215,
        "activity_lines": [
          3.2208,
          3.164036,
          3.140105,
          3.180774
        ]
      },
      {
        "date": "2024-05-10",
        "close": 3.526,
        "volume": 500,
        "typical_volume": 42330.0,
        "trend": 3.2608,
        "fair_value": 3.842248,
        "relative_strength": -6.347757,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 47.395926,
        "energy": 66.782239,
        "activity_lines": [
          3.341333,
          3.234,
          3.176229,
          3.197622
        ]
      },
      {
        "date": "2024-05-17",
        "close": 3.662,
        "volume": 400,
        "typical_volume": 41350.0,
        "trend": 3.266867,
        "fair_value": 3.840667,
        "relative_strength": -5.529181,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 62.839362,
        "energy": 85.898789,
        "activity_lines": [
          3.4788,
          3.322145,
          3.223952,
          3.223505
        ]
      },
      {
        "date": "2024-05-24",
        "close": 3.46,
        "volume": 0,
        "typical_volume": 41350.0,
        "trend": 3.265133,
        "fair_value": 3.837357,
        "relative_strength": -6.054333,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.224753,
        "energy": 77.533195,
        "activity_lines": [
          3.509733,
          3.363127,
          3.2512,
          3.235966
        ]
      },
      {
        "date": "2024-05-31",
        "close": 3.344,
        "volume": 0,
        "typical_volume": 41287.5,
        "trend": 3.2564,
        "fair_value": 3.833103,
        "relative_strength": -6.373295,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.341793,
        "energy": 71.310352,
        "activity_lines": [
          3.4688,
          3.377673,
          3.266505,
          3.241054
        ]
      },
      {
        "date": "2024-06-07",
        "close": 3.39,
        "volume": 150,
        "typical_volume": 31250.0,
        "trend": 3.251667,
        "fair_value": 3.829316,
        "relative_strength": -6.391109,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.626977,
        "energy": 43.57722,
        "activity_lines": [
          3.437067,
          3.395964,
          3.285571,
          3.249673
        ]
      },
      {
        "date": "2024-06-14",
        "close": 3.308,
        "volume": 5450,
        "typical_volume": 21497.5,
        "trend": 3.242267,
        "fair_value": 3.824898,
        "relative_strength": -6.30059,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 43.370286,
        "energy": 29.576755,
        "activity_lines": [
          3.380933,
          3.393709,
          3.294895,
          3.253308
        ]
      },
      {
        "date": "2024-06-21",
        "close": 3.274,
        "volume": 0,
        "typical_volume": 10992.5,
        "trend": 3.231533,
        "fair_value": 3.820269,
        "relative_strength": -7.502341,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.873852,
        "energy": 26.719272,
        "activity_lines": [
          3.328,
          3.381491,
          3.299952,
          3.255355
        ]
      },
      {
        "date": "2024-06-28",
        "close": 3.212,
        "volume": 1250,
        "typical_volume": 1050.0,
        "trend": 3.224133,
        "fair_value": 3.8152,
        "relative_strength": -7.459349,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.958798,
        "energy": 22.814703,
        "activity_lines": [
          3.280267,
          3.354364,
          3.297629,
          3.254095
        ]
      },
      {
        "date": "2024-07-05",
        "close": 3.216,
        "volume": 300,
        "typical_volume": 965.0,
        "trend": 3.222867,
        "fair_value": 3.810248,
        "relative_strength": -7.541512,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.337895,
        "energy": 22.940766,
        "activity_lines": [
          3.2504,
          3.323418,
          3.294752,
          3.25357
        ]
      },
      {
        "date": "2024-07-12",
        "close": 3.322,
        "volume": 200,
        "typical_volume": 975.0,
        "trend": 3.2216,
        "fair_value": 3.806246,
        "relative_strength": -6.862063,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.685286,
        "energy": 21.659243,
        "activity_lines": [
          3.2644,
          3.3124,
          3.301638,
          3.259966
        ]
      },
      {
        "date": "2024-07-19",
        "close": 3.186,
        "volume": 7150,
        "typical_volume": 1280.0,
        "trend": 3.219733,
        "fair_value": 3.801203,
        "relative_strength": -5.983429,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.03597,
        "energy": 14.45548,
        "activity_lines": [
          3.2376,
          3.278691,
          3.294943,
          3.257669
        ]
      },
      {
        "date": "2024-07-26",
        "close": 3.104,
        "volume": 100,
        "typical_volume": 930.0,
        "trend": 3.2098,
        "fair_value": 3.795581,
        "relative_strength": -6.044515,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -33.034614,
        "energy": 30.971146,
        "activity_lines": [
          3.1916,
          3.236255,
          3.280343,
          3.250202
        ]
      },
      {
        "date": "2024-08-02",
        "close": 3.08,
        "volume": 0,
        "typical_volume": 930.0,
        "trend": 3.2034,
        "fair_value": 3.789856,
        "relative_strength": -6.126155,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.663918,
        "energy": 52.306995,
        "activity_lines": [
          3.148933,
          3.1996,
          3.263381,
          3.241828
        ]
      },
      {
        "date": "2024-08-09",
        "close": 3.13,
        "volume": 7300,
        "typical_volume": 1295.0,
        "trend": 3.2006,
        "fair_value": 3.784619,
        "relative_strength": -5.202521,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.510966,
        "energy": 55.161031,
        "activity_lines": [
          3.131733,
          3.178945,
          3.25159,
          3.237092
        ]
      },
      {
        "date": "2024-08-16",
        "close": 3.142,
        "volume": 0,
        "typical_volume": 1295.0,
        "trend": 3.205867,
        "fair_value": 3.779559,
        "relative_strength": -6.470824,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.195609,
        "energy": 54.763983,
        "activity_lines": [
          3.124267,
          3.164364,
          3.240752,
          3.233312
        ]
      },
      {
        "date": "2024-08-23",
        "close": 3.186,
        "volume": 0,
        "typical_volume": 1280.0,
        "trend": 3.209,
        "fair_value": 3.774922,
        "relative_strength": -5.928267,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.561831,
        "energy": 41.91118,
        "activity_lines": [
          3.143467,
          3.162291,
          3.23381,
          3.23203
        ]
      },
      {
        "date": "2024-08-30",
        "close": 3.286,
        "volume": 1900,
        "typical_volume": 1325.0,
        "trend": 3.219733,
        "fair_value": 3.771132,
        "relative_strength": -4.786995,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 1.334796,
        "energy": 6.532269,
        "activity_lines": [
          3.196,
          3.180618,
          3.235981,
          3.236998
        ]
      },
      {
        "date": "2024-09-06",
        "close": 3.216,
        "volume": 0,
        "typical_volume": 1285.0,
        "trend": 3.2264,
        "fair_value": 3.766862,
        "relative_strength": -3.701397,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -5.259629,
        "energy": 13.209867,
        "activity_lines": [
          3.213067,
          3.186,
          3.230476,
          3.236757
        ]
      },
      {
        "date": "2024-09-13",
        "close": 3.202,
        "volume": 16550,
        "typical_volume": 2112.5,
        "trend": 3.228267,
        "fair_value": 3.76255,
        "relative_strength": -3.517826,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -1.231186,
        "energy": 14.235753,
        "activity_lines": [
          3.2164,
          3.188764,
          3.222429,
          3.235183
        ]
      },
      {
        "date": "2024-09-20",
        "close": 3.39,
        "volume": 0,
        "typical_volume": 2062.5,
        "trend": 3.234933,
        "fair_value": 3.759727,
        "relative_strength": -2.652683,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 35.510149,
        "energy": 32.74732,
        "activity_lines": [
          3.2776,
          3.225964,
          3.232524,
          3.245617
        ]
      },
      {
        "date": "2024-09-27",
        "close": 3.93,
        "volume": 1300,
        "typical_volume": 2102.5,
        "trend": 3.2604,
        "fair_value": 3.761008,
        "relative_strength": -0.003177,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.038514,
        "energy": 89.539187,
        "activity_lines": [
          3.502267,
          3.360109,
          3.294257,
          3.29046
        ]
      },
      {
        "date": "2024-10-04",
        "close": 4.394,
        "volume": 101600,
        "typical_volume": 7162.5,
        "trend": 3.303933,
        "fair_value": 3.765731,
        "relative_strength": 1.555652,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 96.873665,
        "energy": 98.589017,
        "activity_lines": [
          3.832,
          3.565091,
          3.398257,
          3.363596
        ]
      },
      {
        "date": "2024-10-11",
        "close": 4.078,
        "volume": 48650,
        "typical_volume": 9595.0,
        "trend": 3.334333,
        "fair_value": 3.768044,
        "relative_strength": 0.969244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.016964,
        "energy": 92.464905,
        "activity_lines": [
          3.982533,
          3.689164,
          3.468676,
          3.413535
        ]
      },
      {
        "date": "2024-10-18",
        "close": 3.958,
        "volume": 1250,
        "typical_volume": 9657.5,
        "trend": 3.363267,
        "fair_value": 3.769441,
        "relative_strength": 0.233608,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.138628,
        "energy": 88.320825,
        "activity_lines": [
          4.0356,
          3.773273,
          3.524724,
          3.453772
        ]
      },
      {
        "date": "2024-10-25",
        "close": 3.914,
        "volume": 0,
        "typical_volume": 9650.0,
        "trend": 3.391067,
        "fair_value": 3.770496,
        "relative_strength": 0.268819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.978684,
        "energy": 87.612093,
        "activity_lines": [
          4.0236,
          3.834327,
          3.573657,
          3.489303
        ]
      },
      {
        "date": "2024-11-01",
        "close": 3.932,
        "volume": 1376450,
        "typical_volume": 78200.0,
        "trend": 3.4188,
        "fair_value": 3.771667,
        "relative_strength": 1.268546,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.252998,
        "energy": 64.305676,
        "activity_lines": [
          3.982667,
          3.884618,
          3.62181,
          3.524202
        ]
      },
      {
        "date": "2024-11-08",
        "close": 4.05,
        "volume": 5150,
        "typical_volume": 78457.5,
        "trend": 3.451333,
        "fair_value": 3.773669,
        "relative_strength": 3.295816,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.970139,
        "energy": 62.217515,
        "activity_lines": [
          3.980933,
          3.9428,
          3.678229,
          3.564925
        ]
      },
      {
        "date": "2024-11-15",
        "close": 3.768,
        "volume": 2100,
        "typical_volume": 78500.0,
        "trend": 3.4782,
        "fair_value": 3.773629,
        "relative_strength": 2.66601,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.19239,
        "energy": 42.734926,
        "activity_lines": [
          3.908133,
          3.935818,
          3.704095,
          3.585355
        ]
      },
      {
        "date": "2024-11-22",
        "close": 3.708,
        "volume": 2250,
        "typical_volume": 78597.5,
        "trend": 3.4934,
        "fair_value": 3.773163,
        "relative_strength": 2.187363,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.620284,
        "energy": 32.375533,
        "activity_lines": [
          3.836,
          3.907891,
          3.7216,
          3.600181
        ]
      },
      {
        "date": "2024-11-29",
        "close": 3.72,
        "volume": 5600,
        "typical_volume": 78867.5,
        "trend": 3.502933,
        "fair_value": 3.772789,
        "relative_strength": 1.625681,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.403278,
        "energy": 24.106981,
        "activity_lines": [
          3.784533,
          3.872945,
          3.737905,
          3.6148
        ]
      },
      {
        "date": "2024-12-06",
        "close": 3.816,
        "volume": 0,
        "typical_volume": 78510.0,
        "trend": 3.5126,
        "fair_value": 3.773091,
        "relative_strength": 2.001719,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.314853,
        "energy": 25.616831,
        "activity_lines": [
          3.778,
          3.849455,
          3.761457,
          3.634998
        ]
      },
      {
        "date": "2024-12-13",
        "close": 3.844,
        "volume": 70050,
        "typical_volume": 82007.5,
        "trend": 3.518667,
        "fair_value": 3.773583,
        "relative_strength": 2.287489,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.485651,
        "energy": 22.25108,
        "activity_lines": [
          3.788533,
          3.833127,
          3.784676,
          3.656378
        ]
      },
      {
        "date": "2024-12-20",
        "close": 3.788,
        "volume": 100,
        "typical_volume": 82012.5,
        "trend": 3.5296,
        "fair_value": 3.773683,
        "relative_strength": 2.143913,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.234961,
        "energy": 18.598891,
        "activity_lines": [
          3.794133,
          3.816618,
          3.799038,
          3.673755
        ]
      },
      {
        "date": "2024-12-27",
        "close": 3.86,
        "volume": 0,
        "typical_volume": 81647.5,
        "trend": 3.5468,
        "fair_value": 3.774274,
        "relative_strength": 2.247421,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.867167,
        "energy": 30.908367,
        "activity_lines": [
          3.8224,
          3.818473,
          3.816886,
          3.695071
        ]
      },
      {
        "date": "2025-01-03",
        "close": 3.758,
        "volume": 0,
        "typical_volume": 81647.5,
        "trend": 3.559067,
        "fair_value": 3.774163,
        "relative_strength": 1.288754,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.064317,
        "energy": 25.359938,
        "activity_lines": [
          3.806533,
          3.803564,
          3.821543,
          3.708697
        ]
      },
      {
        "date": "2025-01-10",
        "close": 3.636,
        "volume": 0,
        "typical_volume": 81647.5,
        "trend": 3.57,
        "fair_value": 3.77323,
        "relative_strength": 1.652423,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 3.373077,
        "energy": 11.310329,
        "activity_lines": [
          3.747467,
          3.769309,
          3.811648,
          3.71366
        ]
      },
      {
        "date": "2025-01-17",
        "close": 3.706,
        "volume": 250,
        "typical_volume": 81565.0,
        "trend": 3.5844,
        "fair_value": 3.772779,
        "relative_strength": 0.918398,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 7.412448,
        "energy": 19.554056,
        "activity_lines": [
          3.723733,
          3.753164,
          3.806276,
          3.722434
        ]
      },
      {
        "date": "2025-01-24",
        "close": 3.786,
        "volume": 550,
        "typical_volume": 81592.5,
        "trend": 3.603533,
        "fair_value": 3.772867,
        "relative_strength": 0.672987,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.126772,
        "energy": 16.558623,
        "activity_lines": [
          3.735867,
          3.757818,
          3.806524,
          3.735441
        ]
      },
      {
        "date": "2025-01-31",
        "close": 3.834,
        "volume": 650,
        "typical_volume": 80797.5,
        "trend": 3.624133,
        "fair_value": 3.773272,
        "relative_strength": 1.161213,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.065838,
        "energy": 14.953147,
        "activity_lines": [
          3.764133,
          3.770873,
          3.808629,
          3.75031
        ]
      },
      {
        "date": "2025-02-07",
        "close": 4.028,
        "volume": 1300,
        "typical_volume": 80862.5,
        "trend": 3.647667,
        "fair_value": 3.774947,
        "relative_strength": 1.721266,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.071872,
        "energy": 42.627419,
        "activity_lines": [
          3.8588,
          3.816909,
          3.8262,
          3.776366
        ]
      },
      {
        "date": "2025-02-14",
        "close": 4.294,
        "volume": 0,
        "typical_volume": 80797.5,
        "trend": 3.6846,
        "fair_value": 3.77834,
        "relative_strength": 1.339372,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.660008,
        "energy": 90.243986,
        "activity_lines": [
          4.024133,
          3.905709,
          3.866067,
          3.818065
        ]
      },
      {
        "date": "2025-02-21",
        "close": 4.468,
        "volume": 19000,
        "typical_volume": 76667.5,
        "trend": 3.730067,
        "fair_value": 3.782818,
        "relative_strength": 1.59848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.21628,
        "energy": 97.681206,
        "activity_lines": [
          4.2036,
          4.017455,
          3.920771,
          3.868606
        ]
      },
      {
        "date": "2025-02-28",
        "close": 4.41,
        "volume": 0,
        "typical_volume": 74235.0,
        "trend": 3.7744,
        "fair_value": 3.786865,
        "relative_strength": 2.610566,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.775963,
        "energy": 94.910951,
        "activity_lines": [
          4.312933,
          4.107309,
          3.9696,
          3.912473
        ]
      },
      {
        "date": "2025-03-07",
        "close": 4.644,
        "volume": 1400,
        "typical_volume": 74242.5,
        "trend": 3.824867,
        "fair_value": 3.792359,
        "relative_strength": 2.273124,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.289327,
        "energy": 97.925725,
        "activity_lines": [
          4.458667,
          4.2284,
          4.039133,
          3.968576
        ]
      },
      {
        "date": "2025-03-14",
        "close": 4.608,
        "volume": 1000,
        "typical_volume": 74292.5,
        "trend": 3.873733,
        "fair_value": 3.793256,
        "relative_strength": 2.59812,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.034283,
        "energy": 93.618654,
        "activity_lines": [
          4.5384,
          4.328691,
          4.101971,
          4.019101
        ]
      },
      {
        "date": "2025-03-21",
        "close": 4.578,
        "volume": 650,
        "typical_volume": 5502.5,
        "trend": 3.920133,
        "fair_value": 3.794051,
        "relative_strength": 3.029916,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.27282,
        "energy": 87.202642,
        "activity_lines": [
          4.569467,
          4.408073,
          4.158648,
          4.064538
        ]
      },
      {
        "date": "2025-03-28",
        "close": 4.494,
        "volume": 250,
        "typical_volume": 5257.5,
        "trend": 3.9604,
        "fair_value": 3.793859,
        "relative_strength": 2.216385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.282078,
        "energy": 68.203121,
        "activity_lines": [
          4.5536,
          4.455055,
          4.204248,
          4.101561
        ]
      },
      {
        "date": "2025-04-04",
        "close": 4.378,
        "volume": 50,
        "typical_volume": 5155.0,
        "trend": 3.999133,
        "fair_value": 3.792923,
        "relative_strength": 2.026373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.636789,
        "energy": 64.711122,
        "activity_lines": [
          4.497333,
          4.466618,
          4.236686,
          4.128503
        ]
      },
      {
        "date": "2025-04-11",
        "close": 3.976,
        "volume": 0,
        "typical_volume": 5042.5,
        "trend": 4.024933,
        "fair_value": 3.789756,
        "relative_strength": 1.166186,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 25.295542,
        "energy": 24.805538,
        "activity_lines": [
          4.3092,
          4.394327,
          4.227933,
          4.127011
        ]
      },
      {
        "date": "2025-04-18",
        "close": 4.062,
        "volume": 1377050,
        "typical_volume": 73615.0,
        "trend": 4.047333,
        "fair_value": 3.788423,
        "relative_strength": 0.958147,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.424856,
        "energy": 28.481818,
        "activity_lines": [
          4.194267,
          4.335091,
          4.226095,
          4.129402
        ]
      },
      {
        "date": "2025-04-25",
        "close": 4.222,
        "volume": 650,
        "typical_volume": 73647.5,
        "trend": 4.057067,
        "fair_value": 3.787782,
        "relative_strength": 2.057392,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.507974,
        "energy": 31.070582,
        "activity_lines": [
          4.169067,
          4.304327,
          4.237867,
          4.140671
        ]
      },
      {
        "date": "2025-05-02",
        "close": 4.364,
        "volume": 50,
        "typical_volume": 70147.5,
        "trend": 4.056067,
        "fair_value": 3.789321,
        "relative_strength": 2.949277,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.972821,
        "energy": 30.506201,
        "activity_lines": [
          4.214933,
          4.300691,
          4.261229,
          4.160473
        ]
      },
      {
        "date": "2025-05-09",
        "close": 4.446,
        "volume": 5000,
        "typical_volume": 70392.5,
        "trend": 4.068333,
        "fair_value": 3.791577,
        "relative_strength": 3.129143,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.869482,
        "energy": 24.173163,
        "activity_lines": [
          4.2968,
          4.313855,
          4.289924,
          4.18563
        ]
      },
      {
        "date": "2025-05-16",
        "close": 4.616,
        "volume": 180100,
        "typical_volume": 79397.5,
        "trend": 4.090267,
        "fair_value": 3.793885,
        "relative_strength": 4.771584,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 74.6165,
        "energy": 54.174108,
        "activity_lines": [
          4.4308,
          4.357273,
          4.331676,
          4.220963
        ]
      },
      {
        "date": "2025-05-23",
        "close": 4.61,
        "volume": 2000,
        "typical_volume": 79497.5,
        "trend": 4.113467,
        "fair_value": 3.796321,
        "relative_strength": 3.400501,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.140102,
        "energy": 75.771669,
        "activity_lines": [
          4.520133,
          4.400109,
          4.369257,
          4.254495
        ]
      },
      {
        "date": "2025-05-30",
        "close": 4.588,
        "volume": 0,
        "typical_volume": 79497.5,
        "trend": 4.135333,
        "fair_value": 3.798051,
        "relative_strength": 4.155759,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.6634,
        "energy": 78.503397,
        "activity_lines": [
          4.5656,
          4.438909,
          4.400686,
          4.28511
        ]
      },
      {
        "date": "2025-06-06",
        "close": 4.686,
        "volume": 350,
        "typical_volume": 79502.5,
        "trend": 4.156533,
        "fair_value": 3.799449,
        "relative_strength": 4.001631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.5719,
        "energy": 84.796861,
        "activity_lines": [
          4.619333,
          4.495345,
          4.436914,
          4.320637
        ]
      },
      {
        "date": "2025-06-13",
        "close": 4.706,
        "volume": 0,
        "typical_volume": 79475.0,
        "trend": 4.1878,
        "fair_value": 3.802077,
        "relative_strength": 3.875458,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.972622,
        "energy": 81.848392,
        "activity_lines": [
          4.658267,
          4.551927,
          4.470381,
          4.356086
        ]
      },
      {
        "date": "2025-06-20",
        "close": 4.586,
        "volume": 200,
        "typical_volume": 79452.5,
        "trend": 4.217067,
        "fair_value": 3.802769,
        "relative_strength": 2.645943,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.478558,
        "energy": 63.142804,
        "activity_lines": [
          4.639867,
          4.580727,
          4.488038,
          4.381776
        ]
      },
      {
        "date": "2025-06-27",
        "close": 4.788,
        "volume": 0,
        "typical_volume": 79387.5,
        "trend": 4.252667,
        "fair_value": 3.804218,
        "relative_strength": 3.674391,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.537711,
        "energy": 60.893328,
        "activity_lines": [
          4.6908,
          4.635164,
          4.521352,
          4.418611
        ]
      },
      {
        "date": "2025-07-04",
        "close": 4.746,
        "volume": 200,
        "typical_volume": 79397.5,
        "trend": 4.283667,
        "fair_value": 3.805628,
        "relative_strength": 4.159491,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.66322,
        "energy": 56.71181,
        "activity_lines": [
          4.715867,
          4.668764,
          4.547048,
          4.450439
        ]
      },
      {
        "date": "2025-07-11",
        "close": 4.776,
        "volume": 0,
        "typical_volume": 78447.5,
        "trend": 4.314733,
        "fair_value": 3.809128,
        "relative_strength": 3.677284,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.589644,
        "energy": 72.560001,
        "activity_lines": [
          4.7404,
          4.698291,
          4.573448,
          4.482202
        ]
      },
      {
        "date": "2025-07-18",
        "close": 4.874,
        "volume": 15100,
        "typical_volume": 79202.5,
        "trend": 4.350933,
        "fair_value": 3.813038,
        "relative_strength": 2.741756,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.620102,
        "energy": 89.679141,
        "activity_lines": [
          4.7916,
          4.738145,
          4.607714,
          4.518284
        ]
      },
      {
        "date": "2025-07-25",
        "close": 5.025,
        "volume": 50,
        "typical_volume": 79135.0,
        "trend": 4.389767,
        "fair_value": 3.818455,
        "relative_strength": 3.415128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.265159,
        "energy": 94.415766,
        "activity_lines": [
          4.881933,
          4.797673,
          4.654152,
          4.561772
        ]
      },
      {
        "date": "2025-08-01",
        "close": 4.87,
        "volume": 5000,
        "typical_volume": 79335.0,
        "trend": 4.426833,
        "fair_value": 3.822942,
        "relative_strength": 3.64963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.355258,
        "energy": 85.458116,
        "activity_lines": [
          4.891333,
          4.821582,
          4.684014,
          4.592755
        ]
      },
      {
        "date": "2025-08-08",
        "close": 4.924,
        "volume": 43300,
        "typical_volume": 81467.5,
        "trend": 4.469767,
        "fair_value": 3.827865,
        "relative_strength": 3.164621,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.478827,
        "energy": 79.386273,
        "activity_lines": [
          4.913267,
          4.850582,
          4.717771,
          4.62483
        ]
      },
      {
        "date": "2025-08-15",
        "close": 4.992,
        "volume": 1000,
        "typical_volume": 81505.0,
        "trend": 4.512633,
        "fair_value": 3.83366,
        "relative_strength": 2.709407,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.543865,
        "energy": 74.417142,
        "activity_lines": [
          4.946,
          4.885836,
          4.756357,
          4.658523
        ]
      },
      {
        "date": "2025-08-22",
        "close": 5.07,
        "volume": 169350,
        "typical_volume": 89970.0,
        "trend": 4.555433,
        "fair_value": 3.839545,
        "relative_strength": 3.830703,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.947085,
        "energy": 70.516415,
        "activity_lines": [
          4.990333,
          4.929709,
          4.8,
          4.694482
        ]
      },
      {
        "date": "2025-08-29",
        "close": 5.05,
        "volume": 0,
        "typical_volume": 89970.0,
        "trend": 4.595967,
        "fair_value": 3.846199,
        "relative_strength": 4.304903,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.425593,
        "energy": 67.494492,
        "activity_lines": [
          5.014933,
          4.963327,
          4.838443,
          4.726389
        ]
      },
      {
        "date": "2025-09-05",
        "close": 5.085,
        "volume": 0,
        "typical_volume": 21117.5,
        "trend": 4.6312,
        "fair_value": 3.852974,
        "relative_strength": 3.459661,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.794152,
        "energy": 67.988757,
        "activity_lines": [
          5.049533,
          4.994873,
          4.875105,
          4.75794
        ]
      },
      {
        "date": "2025-09-12",
        "close": 5.31,
        "volume": 450,
        "typical_volume": 21107.5,
        "trend": 4.665067,
        "fair_value": 3.862013,
        "relative_strength": 3.891076,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.605768,
        "energy": 79.934901,
        "activity_lines": [
          5.1448,
          5.061927,
          4.928324,
          4.801733
        ]
      },
      {
        "date": "2025-09-19",
        "close": 5.33,
        "volume": 3300,
        "typical_volume": 21270.0,
        "trend": 4.6938,
        "fair_value": 3.872333,
        "relative_strength": 3.51041,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.904359,
        "energy": 87.279103,
        "activity_lines": [
          5.221,
          5.122364,
          4.978267,
          4.844632
        ]
      },
      {
        "date": "2025-09-26",
        "close": 5.25,
        "volume": 36000,
        "typical_volume": 22820.0,
        "trend": 4.7218,
        "fair_value": 3.883423,
        "relative_strength": 3.476357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.794552,
        "energy": 86.982978,
        "activity_lines": [
          5.248,
          5.158182,
          5.01599,
          4.880516
        ]
      },
      {
        "date": "2025-10-03",
        "close": 5.415,
        "volume": 82850,
        "typical_volume": 17957.5,
        "trend": 4.7475,
        "fair_value": 3.894699,
        "relative_strength": 2.682409,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.190877,
        "energy": 90.66602,
        "activity_lines": [
          5.318,
          5.217164,
          5.0656,
          4.925239
        ]
      },
      {
        "date": "2025-10-10",
        "close": 5.3,
        "volume": 0,
        "typical_volume": 17857.5,
        "trend": 4.770567,
        "fair_value": 3.906763,
        "relative_strength": 3.653768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.443084,
        "energy": 71.303146,
        "activity_lines": [
          5.325333,
          5.248145,
          5.100452,
          4.960884
        ]
      },
      {
        "date": "2025-10-17",
        "close": 5.075,
        "volume": 400,
        "typical_volume": 17877.5,
        "trend": 4.787133,
        "fair_value": 3.91809,
        "relative_strength": 3.244694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.692133,
        "energy": 55.1952,
        "activity_lines": [
          5.243333,
          5.2304,
          5.11059,
          4.980525
        ]
      },
      {
        "date": "2025-10-24",
        "close": 5.17,
        "volume": 81950,
        "typical_volume": 21957.5,
        "trend": 4.809667,
        "fair_value": 3.932154,
        "relative_strength": 1.430896,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.45376,
        "energy": 43.817163,
        "activity_lines": [
          5.208667,
          5.227182,
          5.127457,
          5.005226
        ]
      },
      {
        "date": "2025-10-31",
        "close": 5.19,
        "volume": 0,
        "typical_volume": 21957.5,
        "trend": 4.836733,
        "fair_value": 3.944603,
        "relative_strength": 2.732534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.824474,
        "energy": 31.165054,
        "activity_lines": [
          5.191333,
          5.224364,
          5.143924,
          5.029763
        ]
      },
      {
        "date": "2025-11-07",
        "close": 5.215,
        "volume": 15300,
        "typical_volume": 22712.5,
        "trend": 4.878033,
        "fair_value": 3.95525,
        "relative_strength": 1.875317,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.150112,
        "energy": 24.625698,
        "activity_lines": [
          5.186333,
          5.223909,
          5.160467,
          5.054168
        ]
      },
      {
        "date": "2025-11-14",
        "close": 5.275,
        "volume": 2750,
        "typical_volume": 22850.0,
        "trend": 4.918467,
        "fair_value": 3.965103,
        "relative_strength": 1.719611,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.294634,
        "energy": 34.441709,
        "activity_lines": [
          5.214667,
          5.231364,
          5.179729,
          5.079778
        ]
      },
      {
        "date": "2025-11-21",
        "close": 4.982,
        "volume": 8000,
        "typical_volume": 23240.0,
        "trend": 4.9438,
        "fair_value": 3.973769,
        "relative_strength": 1.174361,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.888492,
        "energy": 12.264125,
        "activity_lines": [
          5.147,
          5.182091,
          5.168767,
          5.083877
        ]
      },
      {
        "date": "2025-11-28",
        "close": 5.12,
        "volume": 1000,
        "typical_volume": 23290.0,
        "trend": 4.969,
        "fair_value": 3.981808,
        "relative_strength": 1.343342,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.09853,
        "energy": 12.411801,
        "activity_lines": [
          5.131533,
          5.163873,
          5.169824,
          5.095245
        ]
      },
      {
        "date": "2025-12-05",
        "close": 5.15,
        "volume": 0,
        "typical_volume": 22535.0,
        "trend": 4.992467,
        "fair_value": 3.988179,
        "relative_strength": 1.000119,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.833255,
        "energy": 12.830563,
        "activity_lines": [
          5.1294,
          5.154927,
          5.1721,
          5.106923
        ]
      },
      {
        "date": "2025-12-12",
        "close": 5.16,
        "volume": 73000,
        "typical_volume": 26182.5,
        "trend": 5.0106,
        "fair_value": 3.995167,
        "relative_strength": 1.556533,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.123638,
        "energy": 15.365181,
        "activity_lines": [
          5.133267,
          5.149618,
          5.174014,
          5.117731
        ]
      },
      {
        "date": "2025-12-19",
        "close": 5.125,
        "volume": 150,
        "typical_volume": 25940.0,
        "trend": 5.027767,
        "fair_value": 4.001673,
        "relative_strength": 1.917384,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.699492,
        "energy": 8.758309,
        "activity_lines": [
          5.129133,
          5.142582,
          5.171952,
          5.125112
        ]
      },
      {
        "date": "2025-12-26",
        "close": 5.16,
        "volume": 0,
        "typical_volume": 23775.0,
        "trend": 5.046833,
        "fair_value": 4.008109,
        "relative_strength": 2.02569,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.395087,
        "energy": 13.058798,
        "activity_lines": [
          5.146667,
          5.145091,
          5.17201,
          5.133643
        ]
      },
      {
        "date": "2026-01-02",
        "close": 5.25,
        "volume": 29100,
        "typical_volume": 25180.0,
        "trend": 5.065633,
        "fair_value": 4.013429,
        "relative_strength": 1.66628,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.129978,
        "energy": 23.639004,
        "activity_lines": [
          5.182333,
          5.162418,
          5.179514,
          5.146751
        ]
      },
      {
        "date": "2026-01-09",
        "close": 5.215,
        "volume": 0,
        "typical_volume": 16712.5,
        "trend": 5.0826,
        "fair_value": 4.017603,
        "relative_strength": 1.3189,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.312537,
        "energy": 23.423148,
        "activity_lines": [
          5.197667,
          5.171927,
          5.182457,
          5.156387
        ]
      },
      {
        "date": "2026-01-16",
        "close": 5.335,
        "volume": 1100,
        "typical_volume": 16767.5,
        "trend": 5.107567,
        "fair_value": 4.022186,
        "relative_strength": 1.188607,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 65.965622,
        "energy": 52.626509,
        "activity_lines": [
          5.248667,
          5.2028,
          5.196138,
          5.172671
        ]
      },
      {
        "date": "2026-01-23",
        "close": 5.32,
        "volume": 2250,
        "typical_volume": 16880.0,
        "trend": 5.1253,
        "fair_value": 4.025737,
        "relative_strength": 1.163061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.169916,
        "energy": 61.943188,
        "activity_lines": [
          5.283,
          5.228764,
          5.207033,
          5.186376
        ]
      },
      {
        "date": "2026-01-30",
        "close": 5.435,
        "volume": 0,
        "typical_volume": 16857.5,
        "trend": 5.148267,
        "fair_value": 4.031564,
        "relative_strength": 0.856114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.661448,
        "energy": 72.259403,
        "activity_lines": [
          5.342667,
          5.274818,
          5.227762,
          5.206357
        ]
      },
      {
        "date": "2026-02-06",
        "close": 5.26,
        "volume": 0,
        "typical_volume": 16692.5,
        "trend": 5.1644,
        "fair_value": 4.036718,
        "relative_strength": 0.575336,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.640344,
        "energy": 60.729127,
        "activity_lines": [
          5.325667,
          5.280818,
          5.231229,
          5.213566
        ]
      },
      {
        "date": "2026-02-13",
        "close": 5.28,
        "volume": 13050,
        "typical_volume": 15545.0,
        "trend": 5.177933,
        "fair_value": 4.042731,
        "relative_strength": 0.842728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.478142,
        "energy": 40.927827,
        "activity_lines": [
          5.314667,
          5.287909,
          5.236933,
          5.221024
        ]
      },
      {
        "date": "2026-02-20",
        "close": 5.245,
        "volume": 2200,
        "typical_volume": 11512.5,
        "trend": 5.185267,
        "fair_value": 4.049519,
        "relative_strength": 0.676226,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.491704,
        "energy": 30.945672,
        "activity_lines": [
          5.287667,
          5.286273,
          5.239162,
          5.225351
        ]
      },
      {
        "date": "2026-02-27",
        "close": 5.28,
        "volume": 0,
        "typical_volume": 11512.5,
        "trend": 5.198933,
        "fair_value": 4.05575,
        "relative_strength": 0.462329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 36.075329,
        "energy": 17.558534,
        "activity_lines": [
          5.278333,
          5.289455,
          5.245533,
          5.231462
        ]
      },
      {
        "date": "2026-03-06",
        "close": 5.06,
        "volume": 400,
        "typical_volume": 11512.5,
        "trend": 5.203467,
        "fair_value": 4.062301,
        "relative_strength": -0.50604,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.713374,
        "energy": 17.007168,
        "activity_lines": [
          5.198333,
          5.249818,
          5.231048,
          5.222499
        ]
      },
      {
        "date": "2026-03-13",
        "close": 4.992,
        "volume": 0,
        "typical_volume": 7415.0,
        "trend": 5.203467,
        "fair_value": 4.06834,
        "relative_strength": -0.754646,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -35.544775,
        "energy": 33.646601,
        "activity_lines": [
          5.120667,
          5.199636,
          5.210157,
          5.208856
        ]
      },
      {
        "date": "2026-03-20",
        "close": 4.936,
        "volume": 47550,
        "typical_volume": 9792.5,
        "trend": 5.199,
        "fair_value": 4.073276,
        "relative_strength": -1.156526,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -75.550854,
        "energy": 71.609038,
        "activity_lines": [
          5.0422,
          5.143964,
          5.184781,
          5.1916
        ]
      },
      {
        "date": "2026-03-27",
        "close": 4.81,
        "volume": 500,
        "typical_volume": 9052.5,
        "trend": 5.191,
        "fair_value": 4.077083,
        "relative_strength": -2.43231,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.488028,
        "energy": 83.416357,
        "activity_lines": [
          4.944667,
          5.070455,
          5.148614,
          5.166503
        ]
      },
      {
        "date": "2026-04-03",
        "close": 4.866,
        "volume": 550,
        "typical_volume": 8942.5,
        "trend": 5.1837,
        "fair_value": 4.081365,
        "relative_strength": -1.963828,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.615125,
        "energy": 81.397285,
        "activity_lines": [
          4.8948,
          5.016673,
          5.11971,
          5.145535
        ]
      },
      {
        "date": "2026-04-10",
        "close": 5.045,
        "volume": 55100,
        "typical_volume": 11297.5,
        "trend": 5.174867,
        "fair_value": 4.0865,
        "relative_strength": -1.452924,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.070073,
        "energy": 71.040478,
        "activity_lines": [
          4.9322,
          5.003691,
          5.1098,
          5.136587
        ]
      },
      {
        "date": "2026-04-17",
        "close": 5.075,
        "volume": 0,
        "typical_volume": 11247.5,
        "trend": 5.166367,
        "fair_value": 4.092494,
        "relative_strength": -1.9174,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.117213,
        "energy": 43.640777,
        "activity_lines": [
          4.9806,
          5.003255,
          5.102448,
          5.130144
        ]
      },
      {
        "date": "2026-04-24",
        "close": 5.01,
        "volume": 2250,
        "typical_volume": 11360.0,
        "trend": 5.158367,
        "fair_value": 4.098314,
        "relative_strength": -2.501678,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.481361,
        "energy": 27.86841,
        "activity_lines": [
          5.0018,
          4.994364,
          5.089119,
          5.120056
        ]
      },
      {
        "date": "2026-05-01",
        "close": 4.966,
        "volume": 87750,
        "typical_volume": 12097.5,
        "trend": 5.1434,
        "fair_value": 4.103686,
        "relative_strength": -2.590401,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.506826,
        "energy": 23.165224,
        "activity_lines": [
          5.0034,
          4.982382,
          5.072267,
          5.107645
        ]
      },
      {
        "date": "2026-05-08",
        "close": 5.14,
        "volume": 2500,
        "typical_volume": 12215.0,
        "trend": 5.138067,
        "fair_value": 4.111006,
        "relative_strength": -1.538015,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.420504,
        "energy": 18.686134,
        "activity_lines": [
          5.0526,
          5.007109,
          5.07291,
          5.107426
        ]
      },
      {
        "date": "2026-05-15",
        "close": 5.045,
        "volume": 250,
        "typical_volume": 12227.5,
        "trend": 5.137067,
        "fair_value": 4.118077,
        "relative_strength": -1.720974,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.221825,
        "energy": 17.344532,
        "activity_lines": [
          5.051867,
          5.017109,
          5.064433,
          5.101422
        ]
      },
      {
        "date": "2026-05-22",
        "close": 4.98,
        "volume": 0,
        "typical_volume": 10772.5,
        "trend": 5.130733,
        "fair_value": 4.125615,
        "relative_strength": -1.627715,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.885191,
        "energy": 19.309021,
        "activity_lines": [
          5.029467,
          5.015564,
          5.050314,
          5.091288
        ]
      },
      {
        "date": "2026-05-29",
        "close": 4.962,
        "volume": 44200,
        "typical_volume": 12982.5,
        "trend": 5.123133,
        "fair_value": 4.132654,
        "relative_strength": -0.334807,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.967543,
        "energy": 23.947461,
        "activity_lines": [
          5.0074,
          5.010964,
          5.035767,
          5.080402
        ]
      },
      {
        "date": "2026-06-05",
        "close": 4.908,
        "volume": 0,
        "typical_volume": 12927.5,
        "trend": 5.1129,
        "fair_value": 4.138731,
        "relative_strength": -0.545636,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.066505,
        "energy": 41.289114,
        "activity_lines": [
          4.970533,
          4.996073,
          5.017281,
          5.066523
        ]
      },
      {
        "date": "2026-06-12",
        "close": 4.824,
        "volume": 150,
        "typical_volume": 12822.5,
        "trend": 5.097867,
        "fair_value": 4.143295,
        "relative_strength": -1.266112,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.743142,
        "energy": 65.934509,
        "activity_lines": [
          4.909533,
          4.964127,
          4.992829,
          5.047884
        ]
      },
      {
        "date": "2026-06-19",
        "close": 4.684,
        "volume": 2100,
        "typical_volume": 12927.5,
        "trend": 5.087933,
        "fair_value": 4.148551,
        "relative_strength": -0.961272,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.78107,
        "energy": 82.420767,
        "activity_lines": [
          4.822933,
          4.907491,
          4.957405,
          5.021183
        ]
      },
      {
        "date": "2026-06-26",
        "close": 4.466,
        "volume": 4450,
        "typical_volume": 13150.0,
        "trend": 5.066133,
        "fair_value": 4.152423,
        "relative_strength": -0.350318,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -94.649166,
        "energy": 95.756429,
        "activity_lines": [
          4.687733,
          4.817782,
          4.904795,
          4.981058
        ]
      },
      {
        "date": "2026-07-03",
        "close": 4.64,
        "volume": 500,
        "typical_volume": 12522.5,
        "trend": 5.049133,
        "fair_value": 4.157987,
        "relative_strength": 0.522537,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.68044,
        "energy": 88.026998,
        "activity_lines": [
          4.6448,
          4.770782,
          4.872538,
          4.953566
        ]
      },
      {
        "date": "2026-07-10",
        "close": 4.784,
        "volume": 50,
        "typical_volume": 12415.0,
        "trend": 5.0366,
        "fair_value": 4.163205,
        "relative_strength": 0.104535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.939374,
        "energy": 83.411201,
        "activity_lines": [
          4.671333,
          4.756691,
          4.857043,
          4.93646
        ]
      },
      {
        "date": "2026-07-17",
        "close": 4.858,
        "volume": 0,
        "typical_volume": 12415.0,
        "trend": 5.0277,
        "fair_value": 4.169333,
        "relative_strength": 0.036689,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.879028,
        "energy": 54.015853,
        "activity_lines": [
          4.7308,
          4.759364,
          4.85079,
          4.924938
        ]
      },
      {
        "date": "2026-07-24",
        "close": 4.934,
        "volume": 0,
        "typical_volume": 12395.0,
        "trend": 5.020167,
        "fair_value": 4.174577,
        "relative_strength": -0.027688,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.388679,
        "energy": 23.625949,
        "activity_lines": [
          4.813333,
          4.780982,
          4.853786,
          4.918892
        ]
      },
      {
        "date": "2026-07-31",
        "close": 5.125,
        "volume": 100,
        "typical_volume": 12400.0,
        "trend": 5.016,
        "fair_value": 4.181596,
        "relative_strength": 0.153683,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 2.719843,
        "energy": 23.118537,
        "activity_lines": [
          4.942867,
          4.839345,
          4.875571,
          4.925656
        ]
      },
      {
        "date": "2026-08-07",
        "close": 5.115,
        "volume": 0,
        "typical_volume": 10022.5,
        "trend": 5.012667,
        "fair_value": 4.189295,
        "relative_strength": 0.789251,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 24.459685,
        "energy": 38.179227,
        "activity_lines": [
          5.025133,
          4.893255,
          4.895771,
          4.932043
        ]
      }
    ],
    "method": {
      "price_basis": "completed market observations",
      "trend": "Trend provides the primary directional reference.",
      "fair_value": "Fair Value provides long-term price context and is not a forecast or target.",
      "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.",
      "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read."
    }
  }
}